SHADE4HOME: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SHADE4HOME
Largest movements
- Cash +€18,624
up €18,624 (+313%), from €5,947 to €24,571
mainly Net result for the year (+€7,212) and Depreciation (+€5,606)
- Tangible fixed assets -€5,606
down €5,606 (-34.9%), from €16,046 to €10,440
of which Furniture and vehicles: -€4,549
- Deferred charges and accrued income -€3,538
down €3,538 (-24.9%), from €14,207 to €10,669
- Stocks and contracts -€3,029
down €3,029 (-67.7%), from €4,472 to €1,443
- Receivables within one year -€1,046
down €1,046 (-11.5%), from €9,099 to €8,053
of which Trade receivables: -€3,568
- Profit (loss) carried forward +€7,212
up €7,212 (+30.6%), from €23,535 to €30,747
- Trade debts -€4,460
down €4,460 (-24.0%), from €18,548 to €14,088
- Tax, wage and social debts +€1,771
new in 2025: €1,771
- Other debts +€882
up €882 (+89.3%), from €988 to €1,870
- Gross operating margin +€8,930
up €8,930 (+284%), from €3,146 to €12,076
- Depreciation +€3,070
up €3,070 (+121%), from €2,536 to €5,606
- Taxes -€1,494
down €1,494 (-65.7%), from €2,273 to €779
- Financial income +€967
up €967 (+46.6%), from €2,075 to €3,042
- Other operating charges +€637
up €637 (+502%), from €127 to €764
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,771 | €55,176 | +€5,405 | +10.9% |
| Fixed assets | 21/28 | €16,046 | €10,440 | -€5,606 | -34.9% |
| Tangible fixed assets | 22/27 | €16,046 | €10,440 | -€5,606 | -34.9% |
| Plant, machinery and equipment | 23 | €3,426 | €2,369 | -€1,057 | -30.9% |
| Furniture and vehicles | 24 | €12,620 | €8,071 | -€4,549 | -36.0% |
| Current assets | 29/58 | €33,725 | €44,736 | +€11,011 | +32.6% |
| Stocks and contracts in progress | 3 | €4,472 | €1,443 | -€3,029 | -67.7% |
| Stocks | 30/36 | €4,472 | €1,443 | -€3,029 | -67.7% |
| Amounts receivable within one year | 40/41 | €9,099 | €8,053 | -€1,046 | -11.5% |
| Trade receivables | 40 | €6,107 | €2,539 | -€3,568 | -58.4% |
| Other amounts receivable | 41 | €2,992 | €5,514 | +€2,522 | +84.3% |
| Cash at bank and in hand | 54/58 | €5,947 | €24,571 | +€18,624 | +313% |
| Deferred charges and accrued income | 490/1 | €14,207 | €10,669 | -€3,538 | -24.9% |
| Total equity and liabilities | 10/49 | €49,771 | €55,176 | +€5,405 | +10.9% |
| Equity | 10/15 | €30,235 | €37,447 | +€7,212 | +23.9% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,535 | €30,747 | +€7,212 | +30.6% |
| Amounts payable | 17/49 | €19,536 | €17,729 | -€1,807 | -9.2% |
| Amounts payable within one year | 42/48 | €19,536 | €17,729 | -€1,807 | -9.2% |
| Trade debts | 44 | €18,548 | €14,088 | -€4,460 | -24.0% |
| Suppliers | 440/4 | €18,548 | €14,088 | -€4,460 | -24.0% |
| Taxes, remuneration and social security | 45 | - | €1,771 | +€1,771 | |
| Taxes | 450/3 | - | €1,771 | +€1,771 | |
| Other amounts payable | 47/48 | €988 | €1,870 | +€882 | +89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,536 | €5,606 | +€3,070 | +121% |
| Other operating charges | 640/8 | €127 | €764 | +€637 | +502% |
| Gross operating margin | 9900 | €3,146 | €12,076 | +€8,930 | +284% |
| Operating profit (loss) | 9901 | €483 | €5,706 | +€5,223 | +1,081% |
| Financial income | 75/76B | €2,075 | €3,042 | +€967 | +46.6% |
| Recurring financial income | 75 | €2,075 | €3,042 | +€967 | +46.6% |
| Financial charges | 65/66B | €565 | €757 | +€192 | +34.0% |
| Recurring financial charges | 65 | €181 | €370 | +€189 | +104% |
| Non-recurring financial charges | 66B | €384 | €387 | +€3 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €1,993 | €7,991 | +€5,998 | +301% |
| Income taxes | 67/77 | €2,273 | €779 | -€1,494 | -65.7% |
| Profit (loss) for the period | 9904 | -€280 | €7,212 | +€7,492 | |
| Profit (loss) for the period to be appropriated | 9905 | -€280 | €7,212 | +€7,492 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.